Summary
CRH Public Limited Company (CRH) filed a Form 6-K report on September 13, 2004, announcing details for its 2004 Interim Dividend Scrip Alternative. This filing is crucial for investors as it outlines the mechanics of receiving dividend payments in the form of new CRH shares rather than cash. The report specifies the price per new share at EUR19.34 and details the exact ratio of new shares shareholders will receive based on whether dividend withholding tax applies. This scrip dividend option provides shareholders with an opportunity to increase their stake in CRH without incurring immediate brokerage fees, potentially enhancing their long-term investment. Investors should pay close attention to the share entitlement ratios, as they differ depending on the shareholder's tax jurisdiction. This information is vital for calculating the exact number of new shares they will receive and understanding the implications for their investment portfolio.
Key Highlights
- 1CRH plc is offering a Scrip Dividend Alternative for its 2004 Interim Dividend.
- 2The price for a new CRH share under this scrip option is set at EUR19.34.
- 3Shareholders will receive one new share for every 251.822917 shares held if dividend withholding tax applies.
- 4Shareholders will receive one new share for every 201.458333 shares held if dividend withholding tax does not apply.
- 5This filing is made pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 (Form 6-K).
- 6The company is registered as a Foreign Issuer filing under Form 20-F.
- 7Angela Malone, Company Secretary, is the contact for inquiries.